7 bedrooms
3 bathrooms
2 levels
Living space area (basement exclu.) 2500-3000 ft²

Description

Three unit building near hospital. Some recent updates completed including adding a second level bedroom to the upper unit. (Huge upside to rent for future tenants). Two 2-bedroom units and one 3-bedroom two-level unit. Fully tenanted with great paying tenants. Zero vacancies, sought after rental area. Total rents: $3500/monthly. NOI: $31,592 annually leaving only the mortgage to pay. Future owner could convert to natural gas heat and greatly increase cash flow. GEOWAREHOUSE describes buidling as: Residential property with three self-contained units although property is not being sold as a legal tri-plex. To decrease inconvenience to tenants showings are available Mon and Thurs 4-7 and Sat 12-4. Property beside at 57 Dunedin will also be for sale soon. It too is a three unit building. Possibility to own both! (id:17377)
Complete Description
Complete Description

Property features

Asking Price
$499,900
Sutton Group Incentive Realty Inc. Brokerage
Source: REALTOR.ca DDF®

Price history

Price history

$499,900

Multiplex property for sale

61 DUNEDIN Street

Orillia

MLS® # 40033735

House hunting? Buy with Purplebricks, get $2,000 cash back!*
Learn more